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Serbia: fresh Italian investment annuonced in Jagodina

(ANSAmed) - BELGRADE, JULY 20 - Representatives of Italy's
Aunde Italia Group, which manufactures automobile seats,
announced that it intended to invest almost EUR100 million in a
new factory in Jagodina, central Serbia, which will employ 50
workers.

Jagodina City Assembly President Dragan Markovic, announced a
contract with the investor in 15 days. Company representatives
toured the industrial zone in Jagodina and spoke about
opening the factory with city leaders.

Aunde Italia representative Ciro Lotti underscored that this
company had already cooperated with Fiat in the past, and that
business in Jagodina had come highly recommended by the owner of
the Andrea Confezioni factory, which is building a plant for car
covers.

Andrea Confezioni factory owner Paola Tavelli, inspected the
factory construction site and voiced her satisfaction with the
pace at which the job was unfolding. According to Dragan
Markovic, the factory should be ready by the end of August.